Snail Inc (SNAL) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$4.69 Million

According to Snail Inc's latest financial reports the company has NZ$4.69 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Snail Inc - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$14.74 M	0.23%
2021-12-31	$NZ$14.71 M	-69.08%
2020-12-31	$NZ$47.59 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Snail Inc (SNAL) - Net assets